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Bitmine acquires 26,497 ETH, slowing ETH purchase pace drastically from previous week amid stock struggles

Bitmine (BMNR) has once again purchased ETH this week, acquiring 26,497 ETH for about $53 million, a massive 75% cut from its last weekly purchase of 120,000 ETH. This comes amid dips in the company’s stock in addition to a drop in Ethereum’s market performance in the past week. The approximately 75% reduction in buying...

Bitmine acquires 26,497 ETH, slowing ETH purchase pace drastically from previous week amid stock struggles